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Stock Market & Financial Investment News

News Breaks
June 18, 2014
08:14 EDTEMKREMCORE awarded long-term supply contract by Space Systems/Loral
EMCORE announced that it has entered into a new long-term supply agreement with Space Systems/Loral, to manufacture and deliver high-efficiency, multi-junction solar cells for SSL's satellite programs. This new contract follows several other earlier long-term supply agreements between SSL and EMCORE. The solar cells will be designed and produced at EMCORE's state-of-the-art manufacturing facility located in Albuquerque, New Mexico, USA. EMCORE has been supplying SSL with solar cells for its satellite programs for 15 years. In early 2013 EMCORE reached a milestone of delivering its 1 millionth high-efficiency, multi-junction solar cell to SSL, which will ultimately represent more than a megawatt of power delivered into space.
News For EMKR From The Last 14 Days
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May 15, 2015
09:23 EDTEMKREMCORE commences $45M modified Dutch auction tender offer for common stock
EMCORE announced the commencement of a modified "Dutch auction" tender offer to purchase shares of its common stock, up to an aggregate purchase price of $45M, at a price not greater than $6.75 nor less than $6.25 per share, net to the seller in cash, less any applicable withholding taxes and without interest. The offer will expire at 5:00 p.m., New York City time, on Monday, June 15. The full terms and conditions of the offer are described in the Offer to Purchase, the related Letter of Transmittal and other materials relating to the tender offer that were filed today with the SEC and are being distributed to shareholders.

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